By Steve Jansen May 01, 2014

After the private company Houston 8th Wonder purchased the former Six Flags AstroWorld site at Kirby Drive and Loop 610 for $77 million in May 2006, the Harris County Appraisal District turned around and said the empty 104-acre lot was worth $74 million. Instead of taking the $3 million savings and going home, Houston 8th Wonder's hired-gun lawyers bulldozed HCAD for the next six years in multiple courts and slashed the AstroWorld site's value to $31 million, resulting in significant lost property-tax revenue... More >>>

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Marco Torres

District 13 Senator Rodney Ellis (Democrat-Houston) isn't hopeful that the Texas Legislature will take a hard look at the state's property-tax problems, which have been aggravated by the state's lack of sales-price disclosure, during the 84th Legislature in 2015.